Cowles Media Explores
Possible Sale of Company

Cowles Media Co., publisher of the Star Tribune newspaper in Minneapolis, is exploring "strategic alternatives," including a possible sale of the company, which could fetch $1 billion.

Cowles said its controlling shareholder, the Cowles Family Voting Trust, which controls 56% of the company's voting shares, requested the move. "We decided to pursue strategic alternatives because we believe future success in the media...